Kanon8260

Call me crazy, but this is how i see the market for 2019 BTFD xd

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AMEX:SPY   SPDR S&P 500 ETF TRUST
This thesis is not only technical . my thesis is that first economic growth around the globe is awful and even with china trade deal means nothing, because earnings are declining specially in Europe and china and once the euphoria, is over and currency manipulation by Japan Central bank and Us Treasury is over the market is gonna be terrible. also, i think we are in a recession already but media, government and institutions hold information until they sell to average Joe, also, the bond market is already speaking, the 10 year treasury is declining everyday, i think the fed is not gonna raise rates, would do the opposite,because home sales keep falling, the only fake that is sustaining this market are central banks,i would not enter this market until there is a double botton, so, this trend is totally fake because nothing has change since december earnings are not that great and US Market is way overvalued. Good Luck to all and be prepare with cash and buy puts like crazy :D!
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